Reasons to why you should have a Binance Account

KCC Hausa
2 min readJul 4, 2021

Binance Exchange allows users to exchange fiat for Bitcoin or other coins. There are several ways you can buy crypto on Binance.

Binance Fees

flat rate of 0.1% is very enticing for any trader who doesn’t need immediate fiat liquidation. Traders that use Binance’s futures trading platform enjoy even lower fees, starting at 0.02% / 0.04% for makers or takers, respectively.

BNB, the native Binance token, provides an additional discount on this trade fee of up to 50% when working with the coin.

P2P trading

Binance peer-to-peer platform allows you to buy Bitcoins and other cryptocurrencies with your local currency at 0 fees. On Binance P2P, you have the freedom to choose your preferred counterparties and payment methods for your trades, with the crypto assets escrowed by Binance.

Binance Visa Card

Binance Visa Card allows users to spend their cryptocurrency holdings in places that only accept fiat currency via credit or debit card. Behind the scenes, your crypto holdings will be converted to fiat when you make a purchase (with zero fees), so that you don’t have to hold fiat on-hand.

Binance Liquid Swap

Binance Liquid Swap is an automated market-maker (AMM) platform, similar to Uniswap. Users can trade coins on Liquid swap with minimal slippage, or provide their liquidity in return for a share of fees. The key difference between Binance Liquid Swap and Uniswap is that Liquid Swap is centralized.

DeFi Staking

DeFi stands for “Decentralized Finance”. It provides users with decentralized financial services through smart contracts on a blockchain. Binance introduced DeFi staking to help proxy users to participate in related decentralized projects. This allows users to access DeFi in a user-friendly and straightforward manner. Without the need to manage private keys, acquire resources, make trades, or perform other complicated tasks required to participate in DeFi Staking and earn the highest possible returns most simply and safely.

Fixed Savings

Binance Fixed Savings needs to deposit assets for a fixed period on a regular basis, and you can get higher returns than Flexible savings. Please note that if you withdraw in advance, you will also lose your interests.

Binance Smart Pool

Smart Pool is a service that enables the user to get higher profit by auto-switching hash rate to mine different currencies with the same algorithm. Binance Smart Pool is supporting the SHA256 algorithm and the hash rate of users can be switched among BTC, BCH, and BSV automatically.

BNB vault

Binance newly introduces BNB Vault, a one-click earning for your BNB holdings. BNB Vault is a capital-guaranteed investment product with an easy-to-use interface. It can help users maximize the income potential of your BNB from both centralized and decentralized finance in just one step by integrating various Binance products and the Binance ecosystem.

Use link below to get your Binance account

To buy Cryptocurrency in Binance you can click the link below

P2P Buy/Sell https://p2p.binance.com/en?ref=36687617

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KCC Hausa

I’m a crypto enthusiast that also writes articles and specializes in digital marketing. Since late 2018, I’ve been working on crypto and blockchain technology.